Junior Development Project Manager
2 weeks ago
The Junior Development Project Manager | Affordable & Residential is the key person in charge of coordinating all development activities to:
1) source projects via partnerships, RFPs and acquisitions.
2) drive projects to closing, balancing complex affordable financing structures and multiple stakeholders; 3) and ensuring that projects are both beneficial to their community and residents and financially profitable and viable.
The Development Project Managers are our lead member in progressing project with the goal of drastically improving the lives of residents and the overall community combined with mitigating project risks through due diligence.
The Development Project Manager works cooperatively together with our in-house team members in development and construction and with third-party experts such as architects and engineers to direct all the key elements of affordable housing development and to bring projects to completion.
Junior Development Project Manager | Affordable & Residential will:
- Coordinate and drive projects to achieving development milestones.
- Manage and track predevelopment costs and budgets.
- Underwrite or review underwriting and coordinate cash flow and budgets with actual or estimated costs and terms provided by government bodies, investors, or lenders.
- Seek out and complete RFP and RFQs for new projects aligning with the clients strengths.
- Establish strong relationships within affordable housing across a wide range of professions.
- Prepare reports and presentations as needed to communicate with clients and community stakeholders as needed.
- Coordinate project team including but not limited to internal staff, development partners, attorneys, contractors, government agencies, accountants, engineers, architects, housing authorities, and managing agents.
- Review and negotiate relevant legal documentation with approval as needed from senior management.
- Determine realistic project plans and specs with architect and engineers and coordinate pricing.
- Create and adhere to a timeline outlining the development project and tracking design, funding and construction milestones as needed.
- Report to senior management to determine final approval for development opportunity.
- Monitor project milestones during construction and lease-up.
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